difference between the central bank and commercial bank
Answers
Answered by
0
difference between Central Bank and commercial Bank. The bank which monitor, regulates and controls the financial system of economic is known as central bank. central bank is the banker to banks government and financial institution. where as commercial bank is used for citizens.
Answered by
26
Answer:
The central bank is the apex institution administering and controlling the whole monetary and banking system of the country. On the other hand, a commercial bank is a financial institution which earns a profit by initiating deposits, advancing loans and investing the public's money in various opportunities.
Similar questions